Market

Securities Firms Join Banks in Resuming Gold Bar Sales Amid Market Volatility

Gold Bar Sales Expand Beyond Banks to Securities Firms

Following the successful resumption of gold bar sales by Korea Minting and Security Printing Corp. (KOMSCO) in the banking sector last month, the opportunity to invest in gold bars has now been extended to securities firms. This move marks a significant expansion in the availability of gold bars to investors.

A gold bar supplied by Korea Minting and Security Printing Corp.

How and Where to Purchase

Investors interested in purchasing gold bars can now do so by visiting branches of participating securities firms, including NH Investment & Securities, Mirae Asset Securities, and Eugene Investment & Securities, or opt for mail delivery. This development comes after KOMSCO temporarily halted gold bar supplies earlier this year due to a shortage.

Market Trends and Future Outlook

With signs of easing U.S.-China trade tensions, the demand for gold appears to be slowing, as reflected in the recent decline of international gold futures prices. However, experts caution that market volatility could surge as the '90-day deadline' for U.S.-China tariff deferral approaches, highlighting the temporary nature of current measures.